CNB 14.3% 44.0¢ carnaby resources limited

Ann: Drilling Update - Mohawk Discovery Drill Holes, page-24

  1. 913 Posts.
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    Results were already out, so was it resulting "Interest" or rather a "panic re-entry" ex those selling low 40s and below recently. I'd say as only 965k changed hands on an 300k average, today was consistent with the recent capitulation trend of inexperienced retain selling-down on low volume at near cycle bottom with the occasional up days with 3x volume. Classic accumulation near bottom of price cycle given copper fwds pull-up now above trend at US$4.20+/lb.
 
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